Beijing accused the United States of “pressuring other countries” to curb trade, following media reports that the Trump administration will use tariff relief as leverage to push nations to scale back their economic ties with China.
Beijing accused the United States of “pressuring other countries” to curb trade, following media reports that the Trump administration will use tariff relief as leverage to push nations to scale back their economic ties with China.
It’s an aggregate - the devaluation of the US as a trade partner increases China’s, even if they do nothing other than maintain the status quo (they won’t).
A valuation internationally of “the least worst option,” viewed from the perspective of decade long trade relations.